Business-focused legal analysis and insight in the most significant jurisdictions worldwide

Enrico Giordano

Enrico Giordano has held a number of positions in firm management, including Head of Capital Markets, member of the Remuneration Committee, member of the Business Development Committee, member of the European Network Steering Committee.

Prior to joining Chiomenti, where he has been working for the past 21 years, Enrico Giordano was a legal researcher for the Finance Commission of the Italian Parliament (Camera dei Deputati, Ufficio Studi).

Enrico Giordano represents Italian and international issuers and investment banks in a wide variety of public and private finance transactions. He has worked on major Italian and foreign privatisation transactions and has significant experience in the areas of initial public offerings, other public and private equity and equity-hybrid securities offerings, as well as debt offerings. He also advises Italian and international clients with respect to corporate and securities law matters, as well as debt, tender offers, exchange offers and other restructuring transactions involving listed companies.

Highlights

Clients assisted include: Ansaldo STS in the context of the ongoing private acquisition of a majority shareholding in Ansaldo STS and Ansaldo Breda by Hitachi and in the subsequent ongoing tender offer launched by the same Hitachi on the ordinary shares of Ansaldo STS (2015); Merrill Lynch lnternational and the other managers in the ongoing privatisation of Poste Italiane (2015); Cassa Depositi e Prestiti as selling shareholder in the context of the IPO of Fincantieri, €350 million (2014); ENEL in the issuance and offering of non-convertible subordinated hybrid bonds for institutional investors, structured in three tranches: (a) €1,250 million, (b) 3400 million and (c) US$1,250 million (2013); RCS Mediagroup SpA in (i) its follow-on equity offering, €410 million; and (ii) the refinancing of its outstanding medium and long-term indebtedness, €600 million (2013); EI Towers S.p.A. (a listed company of the Mediaset Group) in the offering of senior fixed rate notes, €230 million (2013}; Astaldi SpA in the issuance and placement to institutional investors of equity linked notes, €130 million (2013); Unipol Gruppo Finanziario in its follow-on equity offering, €1.1 billion (2012); Banca Intesa in its follow-on equity offering, €5 billion (2011); Banca Monte dei Paschi di Siena in its follow-on equity offering, €2.5 billion (2011); Banca UBI in its follow-on equity offering, €1 billion (2011); Mediaset in the merger with the listed company DMT (now EI Towers), €450 million; Enel and Enel Green Power in the IPO of Enel Green Power, €4 billion (2010); Enel in its pan-European retail public offering of fixed and floating rate bonds, €3 billion (2010); Mediaset in its offering of bonds, €300 million (2010); JPMorgan, Citigroup and the other managers in the offering of Yankee Bonds by Enel Finance lnternational, guaranteed by Enel, €3 billion (2009); Finmeccanica, as guarantor, in the offerings of Yankee Bonds by its subsidiary Meccanica Holdings USA, US$1.250 billion (2009); Enel in its follow-on equity offering, €8 billion (2009); Mediobanca in the follow-on equity offering of UniCredit and related offering of CASHES securities exchangeable into UniCredit shares, €3,000 million (2009); Finmeccanica in its equity and debt financing relating to the acquisition of DRS Technologies, €3,400 million (2009).

Education

Graduated in Law, University of Rome, 1989; PhD, Private Comparative Law, University of Macerata, 1991; admitted to the Bar, Italy, 1992.

Welcome to the inaugural edition of The Initial Public Offerings Law Review. While it is largely agreed that the first ‘modern’ initial public offering (IPO) was by the Dutch East India Company (VOC) in 1602, IPOs now take place in nearly every corner of the world and involve a wide variety of companies in terms of size, industry and geography.